New Trend Total Debt vs. EBITDA
| 300532 Stock | 12.11 0.48 3.81% |
For New Trend profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Trend to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Trend International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Trend's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Trend International over time as well as its relative position and ranking within its peers.
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New Trend International EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Trend's current stock value. Our valuation model uses many indicators to compare New Trend value to that of its competitors to determine the firm's financial worth. New Trend International is the top company in total debt category among its peers. It also is number one stock in ebitda category among its peers totaling about 7.98 of EBITDA per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value New Trend by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Trend's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.New Total Debt vs. Competition
New Trend International is the top company in total debt category among its peers. Total debt of Information Technology industry is presently estimated at about 58.3 Billion. New Trend adds roughly 44.11 Million in total debt claiming only tiny portion of equities under Information Technology industry.
New EBITDA vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
New Trend |
| = | 44.11 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
New Trend |
| = | 352.23 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
New EBITDA Comparison
New Trend is currently under evaluation in ebitda category among its peers.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Trend. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of New Trend position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the New Trend's important profitability drivers and their relationship over time.
Use New Trend in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Trend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Trend will appreciate offsetting losses from the drop in the long position's value.New Trend Pair Trading
New Trend International Pair Trading Analysis
The ability to find closely correlated positions to New Trend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Trend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Trend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Trend International to buy it.
The correlation of New Trend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Trend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Trend International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Trend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your New Trend position
In addition to having New Trend in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Other Information on Investing in New Stock
To fully project New Trend's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Trend International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include New Trend's income statement, its balance sheet, and the statement of cash flows.